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Please read our Please read ourWith the very reliable George Caulkin of The Athletic bringing the news that she and her husband are leaving Newcastle United.Basically, Amanda Staveley and her partner were paid by the club to help run it in the post-takeover period. That period is now seemingly at an end.
As we all know, when they bought out Mike Ashley, the post-takeover showed shareholdings of 80% Saudi Arabia PIF, 10% Reuben family, and 10% Amanda Staveley. That 10% stake is widely believed to have been Amanda Staveley’s gift/reward from the Saudi Arabia PIF and/or the Reuben family for having been the public face and lead, in helping to get the takeover done.
Once again though, those journalists who are claiming Amanda Staveley has ‘sold’ a large portion of her shares since the takeover, are getting it wrong. November 2021, only a month after the Newcastle United takeover, the owners injected an extra £38.5m. So we have gone from October and November 2021 of Newcastle United ownership – Saudia Arabia PIF 80%, Reubens 10% and Amanda Staveley 10%.The Newcastle United owners paid Mike Ashley a total of £305m to own the club.
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